Washington Securities Corporation

Fee-Only (% of Portfolio)

Washington Securities Corporation is a registered investment advisor and broker-dealer that offers investment advisory programs through Royal Bank of Canada Correspondence Services. Washington Securities Corporation provides advice on various securities including stocks, bonds, exchange-traded funds, mutual funds, and options. Clients can choose from programs such as RBC Advisor, which is a client-directed program managed directly by Washington Securities Corporation representatives; Consulting Solutions, which gives clients access to third-party money managers on a discretionary basis; and RBC Unified Portfolio, which allows accounts to utilize multiple portfolio models managed by an overlay team. The total fees charged to clients include custody fees, manager or overlay fees, and a negotiated fee for Washington Securities Corporation, with a maximum annual fee capped at 3.00% of assets. In addition to investment management, representatives may also offer brokerage services and commission-based products like insurance. Washington Securities Corporation works with individuals, high-net-worth individuals, pension plans, charitable organizations, and corporations.

Assets Under Management$7M
Clients8
Advisors3
Avg. per Client$870K
Avg. per Advisor$2.3M

Fee Structure

Minimum Investment:$10K
Investment management only (planning not offered)
Portfolio-Based Fees (Flat)
Portfolio ValueAnnual Fee
Up to $100K3.00%
$100K+3.00%

Total fees vary by program and are negotiated between client and advisor, not to exceed a maximum of 3.00% annually.

Fee Estimator
Your Portfolio Value
$500K
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Estimated Annual Fee
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Location

3 Advisors at this firm